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TRANSPORTACION MARITIMA MEXICANA ANNOUNCES DEBT OFFERING

 MEXICO CITY, April 23 /PRNewswire/ -- Transportacion Maritima Mexicana (NYSE: TMM) today announced that it received shareholder approval to issue U.S.$150 million in debt securities in the U.S. public market. The net proceeds from the offering are intended to be used to finance a portion of the company's capital investment and expansion plans.
 This announcement is not an offering, which can only be made by means of a prospectus.
 TMM is Mexico's largest maritime shipping company and the leader among world carriers serving Mexico.
 -0- 4/23/93
 /CONTACT: Pedro Mejorada of Transportacion Maritima Mexicana, 011-525-606-0444, or Cathleen Mayrose of Dewe Rogerson, Inc., 212-688-6840, for Transportacion Maritima Mexicana/
 (TMM)


CO: Transportacion Maritima Mexicana ST: IN: MAR SU: OFR

PS-TS -- NY042 -- 0032 04/23/93 12:03 EDT
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Publication:PR Newswire
Date:Apr 23, 1993
Words:129
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